HomeMy WebLinkAbout851228.tiff RESOLUTION
RE: CONSERVATION TRUST FUNDS TO CITY OF GREELEY
WHEREAS, the Board of County Commissioners of Weld County,
Colorado, pursuant to Colorado statute and the Weld County Home
Rule Charter, is vested with the authority of administering the
affairs of Weld County, Colorado, and
WHEREAS, Weld County, as an eligible entity for
distribution of Conservation Trust Fund Lottery monies received
$151 ,000 from the State of Colorado in 1985 , and
WHEREAS, Weld County allocated $51 ,500 for the development
of a civic auditorium in the City of Greeley in the 1986 budget,
and
WHEREAS, §29-21-101 , CRS, provides that in the utilization
of monies received pursuant to §29-21-101 , CRS , each eligible
entity may cooperate or contract with any other government or
political subdivision, and
WHEREAS, the funds from the Conservation Trust Fund must be
expended only for the acquisition, development, and maintenance
of new conservation sites or for capital improvements or
maintenance for recreational purposes on any public site, and
WHEREAS, Weld County must report the use of all lottery
funds and certify that the funds were properly used in
accordance with State statute, and
WHEREAS, the Board of County Commissioners desires to give
the City of Greeley the allocated amount of the lottery funds
($51 ,500) , providing they comply with all the conditions of the
State law, enter into a letter of assurance indicating that they
have complied and indicating the use of the funds for reporting
purposes, and deposit the funds in an interest bearing
Conservation Trust Fund for the purpose of constructing a civic
auditorium.
NOW, THEREFORE, BE IT RESOLVED that the Board of County
Commissioners of Weld County, Colorado, hereby authorize the
payment, in 1986 , to the City of Greeley 1985 lottery funds from
the Conservation Trust Fund in the amount of $51 ,500 for the
purpose of constructing a civic auditorium, providing the
attached letter of assurance is received from the City of
Greeley prior to the disbursement of funds.
A
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851228
Page 2
RE: CONSERVATION TRUST FUNDS
The above and foregoing Resolution was, on motion duly made
and seconded, adopted by the following vote on the 18th day of
November, A.D. ,nn1985 .
ATTEST: Ian E4i COUNTY,WELD D OF Y UNTY SSIONERS
Weld County Clerk and Recorder \ � Vw.a . ,Rr—
and Clerk to the Board J ine Jo n on, Chairman
cL!2
BY: ytigu� C ' ene R. Bra ner, Pro-Tem
D puty County Cle
APPROVED AS TO FORM: C. . Kir
r f Gor
County Atto ney l,/
Frank Yamagu i
Dear Board of County Commissioners:
The City of Greeley assures Weld County that the Conservation
Trust Fund monies in the amount of $51 ,500 will be spent in
accordance with §29-21-101 , CRS, and all other applicable State
laws, for the purpose of constructing a civic auditorium. The
City of Greeley will report the use of the funds to Weld County
in order for Weld County to certify to the State Department of
Local Government how the funds were utilized. The funds and all
interest earned on them until time of expenditure shall be used
for the construction of a civic auditorium.
The City of Greeley further agrees that if the State of Colorado
determines that any of the funds granted to the City of Greeley
($51 ,500) were not properly used by the City of Greeley, that
the City of Greeley will repay Weld County any Conservation
Trust Fund monies determined unallowable by the State up to the
amount of $51 ,500 . The City of Greeley further agrees that
construction of the civic auditorium must commence by the end
of calendar year 1986 or the funds and interest will be repaid
to Weld County.
aekC
Mayor, City of eeley
ATTEST:
CITY CLERK,E CITY OF GREELEY
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